To support free markets is to invite criticism on virtually every policy issue. Whether it’s the minimum wage, gun control, or a hundred other topics, markets are constantly under attack, and the burden of proof always seems to fall on advocates of free choice to show that it’s...

A real free trade agreement should be short and unilateral. It would then truly allow the market to bring about a pattern of international trade in line with the scarcity of resources and with entrepreneurial judgment about their most efficient international allocation. The TPP, on the other...

Once upon a time, the Chinese were the enemies of private property rights and free markets, and the Americans were the enemies of the Chinese and purported to cherish the institutions that the Chinese hated. Today no such clear-cut difference exists. If anything, today’s Chinese in high places seem...